Extends the effective date for fees charged on certain merchandise entered through customs from September 30, 2023 to January 7, 2024 (Sec. 2009).

Expands the required information on a tax form for an individual who receives at least $600 in mortgage interest each year to include the following information, effective for all tax forms that are due after December 31, 2015 (Sec. 2003):

The unpaid balance at the end of the calendar year for each mortgage;

The address of each property securing the mortgage;

The amount of real estate taxes paid from an escrow account;

The origination date of each mortgage; and

Information regarding whether the mortgage is a refinancing that occurred in the calendar year.

Establishes a $500 penalty for an individual who fails to meet due diligence requirements for the child tax credit on his or her tax return, effective for taxable years beginning after December 31, 2014 (Sec. 2004).

Amendment -
Introduced
(Senate)
-
July 29, 2014

Title: Appropriates Funds to the Highway Trust Fund

Note:

NOTE: THIS IS A SUBSTITUTE AMENDMENT, WHICH REPLACES THE ENTIRE TEXT OF THE LEGISLATION WITH A NEW TEXT. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.